|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor Ch. 440
|
|
|
|
|
|
|
|
|
|
[(3)] (2) Nothing in this section may adversely affect in any way the
security of any of the following bonds while they are outstanding and unpaid:
(i) State highway construction bonds, second issue;
(ii) State highway construction bonds, third issue;
(iii) County highway construction bonds; or
(iv) County highway construction bonds, second issue.
[(4)] (3) It is the intent of the General Assembly that, as long as any of
the bonds listed in paragraph [(3)] (2) of this subsection are outstanding and unpaid:
(i) The sinking fund requirements established for the payment of
the principal of and interest on those bonds shall remain unchanged, as if this section
had not been enacted; and
(ii) The taxes and revenues pledged to the payment of the principal
of and interest on those bonds as they become due and payable may not be repealed,
diminished, or applied to any other purpose until:
1. The bonds and the interest on them have become due and
fully paid; or
2. Adequate and complete provision for payment of the
principal and interest has been made.
8-206.
The Administration shall keep its accounts relating [both] to State highway
construction, reconstruction, and maintenance [and to the Right-of-Way Revolving
Fund] so as to make readily obtainable[, as to each,] information on expenditures for
the following:
(1) Preliminary work, including: preliminary engineering surveys;
preliminary plans and estimates; preliminary engineering investigations and studies;
subsoil investigations and borings; test piles; traffic studies; and traveling,
transportation, and subsistence expenses of personnel assigned to preliminary work;
(2) Acquisition of rights-of-way, including: property surveys; legal costs
in connection with property acquisition; cost of property acquired; appraisals;
traveling, transportation and subsistence expenses of personnel assigned to
rights-of-way, and any other costs incurred in the acquisition of property;
(3) Construction, including: payments made to contractors, builders, and
materialmen, including payments for all labor and material for the construction of the
project; demolition; machinery; and equipment;
(4) Engineering, including: preparation of contract plans and
specifications; estimates; supervision of construction; inspection of workmanship and
materials; mill and shop inspection; tests of materials; control surveys; traveling,
|
|
|
|
|
|
|
|
|
|
- 3589 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
